Top Dividend Stocks To Consider For Your Portfolio

As global markets navigate a complex landscape marked by cautious Federal Reserve commentary and political uncertainties, investors are increasingly seeking stability amidst volatility. In this environment, dividend stocks can offer a reliable income stream and potential for capital appreciation, making them an attractive option for those looking to balance risk and reward in their portfolios.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Tsubakimoto Chain (TSE:6371)	4.17%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.26%	★★★★★★
CAC Holdings (TSE:4725)	4.76%	★★★★★★
Yamato Kogyo (TSE:5444)	4.08%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.26%	★★★★★★
GakkyushaLtd (TSE:9769)	4.35%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.89%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	3.77%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.24%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	5.22%	★★★★★★

Click here to see the full list of 1953 stocks from our Top Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Human Holdings (TSE:2415)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Human Holdings Co., Ltd. operates in human resources, education, nursing care, and other sectors both in Japan and internationally, with a market cap of ¥15.74 billion.

Operations: Human Holdings Co., Ltd.'s revenue is primarily derived from its Human Resources Related Business at ¥57.25 billion, followed by the Educational Business at ¥25.87 billion and the Nursing Care Business at ¥12.00 billion.

Dividend Yield: 4.2%

Human Holdings offers a dividend yield of 4.22%, placing it in the top 25% of JP market payers. However, its dividends are not covered by free cash flows and have been volatile over the past decade, with significant annual drops. Despite this instability, the company maintains a low payout ratio of 30.2%, suggesting dividends are well-covered by earnings. The stock trades at a favorable P/E ratio of 7.3x compared to the broader JP market's 13.4x.

• Unlock comprehensive insights into our analysis of Human Holdings stock in this dividend report.
• According our valuation report, there's an indication that Human Holdings' share price might be on the cheaper side.

IDEA ConsultantsInc (TSE:9768)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: IDEA Consultants, Inc. offers integrated consultancy services focused on social infrastructure development and environmental conservation projects both in Japan and internationally, with a market cap of ¥17.73 billion.

Operations: IDEA Consultants, Inc. generates revenue from its consultancy services related to social infrastructure and environmental conservation projects across domestic and international markets.

Dividend Yield: 3.6%

IDEA Consultants Inc. offers a stable dividend yield of 3.62%, slightly below the top 25% of JP market payers. The company's dividends have been reliable and growing over the past decade, supported by a low payout ratio of 18.3% and a cash payout ratio of 33.6%. Trading at 53.5% below its estimated fair value, IDEA Consultants' earnings growth of 33.2% in the past year further supports sustainable dividend payments.

• Dive into the specifics of IDEA ConsultantsInc here with our thorough dividend report.
• In light of our recent valuation report, it seems possible that IDEA ConsultantsInc is trading behind its estimated value.

Morito (TSE:9837)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Morito Co., Ltd. manufactures and sells apparel-related materials and household goods across Japan, Asia, Europe, and the United States with a market cap of ¥40.33 billion.

Operations: Morito Co., Ltd.'s revenue is comprised of ¥12.03 billion from Asia, ¥34.80 billion from Japan, and ¥7.14 billion from Europe & the U.S.

Dividend Yield: 3.8%

Morito's dividend yield of 3.78% is slightly below the top 25% in Japan, with dividends covered by earnings (payout ratio: 62.9%) and cash flows (cash payout ratio: 30.8%). Despite a recent increase to ¥29 per share, its dividend history is unstable and unreliable over the past decade. The company has repurchased shares worth ¥626.18 million, potentially enhancing shareholder value while trading at a significant discount to fair value estimates.

• Click here to discover the nuances of Morito with our detailed analytical dividend report.
• Our valuation report unveils the possibility Morito's shares may be trading at a premium.

Taking Advantage

• Click through to start exploring the rest of the 1950 Top Dividend Stocks now.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Ready To Venture Into Other Investment Styles?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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